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Netflix, Inc. Message Board

  • singhlion2001 singhlion2001 Mar 6, 2013 9:23 PM Flag

    Mark Mahaney the Biggest Fraud Pump/DUMP Target price Barking criminal fleeced Dog Analyst in USA Netflix Gets a Bizarre "Like" From RBC

    Mark Mahaney the Biggest Fraud Pump/DUMP Target price Barking criminal fleeced Dog Analyst in USA
    Netflix Gets a Bizarre "Like" From RBC
    On Tuesday, RBC analyst Mark Mahaney resumed coverage of Netflix(NASDAQ: NFLX ) with a buy rating and a $210 price target. While many investors have become bullish on Netflix recently, Mahaney's decision to place a buy rating on the stock was odd for two reasons. Most obviously, he's a little late. Netflix shares have already more than tripled in the past six months! While Mahaney sees another 15% upside, investors who have been waiting on his call missed the real party.
    However, the rating was also bizarre because the underlying analysis was not very bullish. Mahaney expects the domestic subscriber base to continue growing, but only at a moderate rate. Meanwhile, he expects the international business to lose money for at least two more years. With these parameters, Netflix looks more like a sell.
    MOTLEY FOOL screams too

    RED ALERT FOR HOME LAND SECURITY: MAKE SURE THIS MF CRIMINAL REED HASTINGS NEXUS SCAM IS NOT ALLOWED TO FLEE FROM USA
    Netflix 'A Worse Company Today': Michael Pachter - CNBC
    Wedbush Analyst research notes
    Or here's cleaned up transcript excerpts: “I have a sell on NFLX…It's deja vu all over again. People thought it was going to go to infinity and beyond a couple of years ago. I was on this show when the stock top ticked at $304 and I had an $80 price target. My target is now $55. This is a worse company today than it was a couple of years ago. They destroyed their DVD business, a source of three-quarters of their profit. They are chasing windmills overseas and the content owners are never going to let them make money over there. Their growth in the US has been very good. But I think investors substantially overstate how profitable that business is. Their valued like they're going to make $30 per domestic sub and they make about $2.50. So, they have
    a long way to go before you can justify this valuation.
    I don't see it going higher.

    “Netflix did something very clever in the fourth quarter. They generated $950 million in revenue and spent $937 million. So, $13 million took the market cap up $5 billion. That lower spending was lower tech spending, lower marketing spending. I don't get how investors believe that one-time tweaking of their spending is worth $5 billion. Nothing changed. I mean, all they did is become profitable. People thought they were going to lose a little bit of money, like 10 million bucks. They made 13. Who cares? I don't get it

    Sentiment: Strong Sell

 
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